Name of ETN: Market Vectors Double Long Euro ETN
Benchmark Index: Double Long Euro Index
Ticker Symbol: URR
Underlying Currency: This ETN allows investors to take a leveraged position on the Euro relative to the US dollar. In the case of this ETN, the multiplier is 2x (200%). If the value of the Euro rises relative to the US dollar, this ETN is designed to go up. Conversely, if the value of the Euro relative to the US dollar weakens, this ETN is designed to go down.
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